Impact of Disruptive Technologies on Business Growth

Abstract: This comprehensive research study explores the impact of disruptive technologies on business growth and the challenges faced by companies in adopting these innovations. By analyzing quantitative data, the study provides compelling evidence that disruptive technologies have a significant positive influence on overall business growth, revenue growth, market success, market share percentage, and profitability indicators like ROI and ROE. These findings highlight the transformative potential of disruptive technologies in driving positive outcomes across diverse industries. The implications of this research are significant for businesses and policymakers alike. The study emphasizes the importance of investing in talent development and training to address the challenge of the lack of skilled workforce. Additionally, understanding and addressing employee resistance to change are crucial for successful technology adoption. Data security concerns and regulatory compliance issues must be prioritized to maintain trust among customers and stakeholders. In terms of future research, the study suggests exploring specific industries to understand how disruptive technologies impact traditional sectors compared to technology-driven ones. Longitudinal studies are recommended to assess the long-term impact of disruptive technologies on business growth. Furthermore, identifying strategies to overcome challenges and investigating successful case studies can offer practical insights for organizations seeking to navigate the complexities of technological disruption.

Keywords: Disruptive Technologies, Business Growth, Technology Adoption, Challenges, Talent Development, Data Security, Regulatory Compliance, Longitudinal Studies, Case Studies